AMZN operating income (revenue sans cost of rev and opex) has been growing YoY for a while, so no, Amazon is making more money and being more efficient at making it.
You're free to fact check what I said, but please don't make an argument from ignorance. A QoQ difference is hardly as impactful as multiple YoY changes.
Case in point, they just released their earnings. Revenue was way higher than normal, EPS was way lower than expected (off 30%) due to major COVID related costs. They also warned to expected even worse losses next quarter.
